CBSE 2026 · Region 4 · Set 1 · Q30

‘Neo Appliances Ltd.’, a company known for its innovative kitchen devices

was established in 2001. Over the years, the company performed well and

the market value of its shares increased. Rajan had bought shares of ‘Neo

Appliances Ltd.’ many years ago. He sold some of the shares to arrange

money for his daughter’s higher education. He shared with his friend

Madhur how his investment had multiplied over the years. Madhur was

impressed and wanted to start investing in shares. He asked Rajan in

which market he had sold his shares and whether it was safe to invest in

that market. Rajan said, yes this market provides safety of transactions

to investors.

(a)

Name the market in which Rajan sold his shares.

(b)

Identify and explain the function of the above market which

(b)

facilitated Rajan in selling his shares.

(c)

Explain how the market identified in (a) above provides safety of

(c)

transactions to investors.